Ed Miliband MP: speeches

Speeches

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I definitely believe that Sheffield Forgemasters has an incredibly important role to play in our civil nuclear programme. Contractual details for Rolls-Royce and our discussions with the company are for a bit down the road, but in my view, Forgemasters is central to our plans.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  Good nuclear sites, including Bradwell, are always going to be possibilities as far as I am concerned. We are not going to have China building our nuclear power stations, but if the right hon. Gentleman wants to discuss this with my Department, we will be happy to do so.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  My hon. Friend puts it very well. I notice that SNP Members have sort of disappeared; they are probably a bit embarrassed. She is absolutely right about this. In a sense, it comes into sharp focus today because we can announce a golden age of nuclear with our investments, but not in Scotland because of the position of the SNP Government. It makes no sense.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  This is why these statements are important. I think I need to check the answer, because I do not want to give a flippant answer to the right hon. Lady’s incredibly serious question. Let me write to her to give her a proper answer.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  It is really important that there is a four-nations approach to the supply chain contracts; that is something I am very keen to ensure. There will be thousands of contracts in the supply chain, with huge opportunities for Northern Ireland, and I am determined to deliver them.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  The hon. Gentleman raises an important point that Members on both sides of the House have raised in different ways. It is absolutely part of what we are going to do to make sure that these jobs come to the UK. There are commitments around 70% of the supply chain spending being in the UK, and my Department will ensure that there is accountability on the part of the companies that will be benefiting from public money, to ensure that we see the maximum benefits across the country in the UK.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  With permission, I would like to make a statement about Government plans for investment in new nuclear power. Sixteen years ago, in 2009, as Energy Secretary I delivered a statement to this House identifying potential sites for new nuclear. I said: “We need to use all available low-carbon sources… New nuclear is right for energy security and climate change, and it will be good for jobs too”. —[ Official Report , 9 November 2009; Vol. 499, c. 31.] That was true back then, and it is even more true today. Russia’s invasion of Ukraine and the cost of living crisis that followed showed how vulnerable we are as a country because of our dependence on fossil fuels, at the whim of markets controlled by petrostates and dictators. The imperative of energy security and the demands of the climate crisis mean that we must shift as fast as possible to clean, home-grown power. The demand for that power, as we shift away from gas, is expected to at least double by 2050, so we need all the low-carbon sources possible to meet the demands we face. The advice from experts, including the Climate Change Committee, is clear: we need new nuclear to meet our climate obligations. This Government support new nuclear because of our belief that the climate crisis is the greatest long-term threat facing our country and our world, not in spite of it; because of the imperative of energy security; and because of the good, skilled jobs that nuclear provides. In Britain today, there are too few industries that offer the secure, well-paid jobs with strong trade unions that the British people desire and deserve. Time and again, I have heard from people up and down the country about the importance of nuclear jobs to their communities. For all these reasons, the Government are taking decisive steps today to usher in a new golden age of nuclear for Britain. First, back in the late 2000s, when I was Energy Secretary, I identified Sizewell as a potential site for new nuclear. It has taken 16 years, but I am incredibly proud that today we are announcing £14.2 billion of public funding for this spending review period to build Sizewell C, the first Government-funded and owned nuclear power station in Britain since the 1980s—a strategic partnership with France, with EDF intending to invest alongside us. I recognise the contribution of my hon. Friends the Members for Lowestoft (Jess Asato) and for Ipswich (Jack Abbott) in advocating for this project and my hon. Friend the Member for Warrington North (Charlotte Nichols) for her advocacy for nuclear as a whole. I also acknowledge the work of the hon. Member for West Aberdeenshire and Kincardine (Andrew Bowie), who is not in his place, when he was Minister for nuclear. Sizewell C will power the equivalent of around 6 million homes with clean, home-grown energy for 60 years, and will be a jobs and growth engine for Britain, supporting 10,000 jobs at peak construction and creating 1,500 apprenticeships—well-paid, highly skilled jobs in East Anglia and communities across the country. I thank the GMB, Unite, and Prospect trade unions, which are brilliant champions for the nuclear industry. Sizewell has already signed £4.2 billion-worth of contracts with 311 companies, and will eventually work with 3,500 suppliers in all four nations of the UK. This project is good value for money for the taxpayer, because there will be a clear economic return on the investment, and for the bill payer, because all the due diligence we have done demonstrates that the cost of the clean power it will supply will be cheaper than the alternative. We expect the final investment decision on the project, including through the capital raise from the private sector, to be completed in the summer, when we will set out further detail. This is a new generation of nuclear power, promised for years and delivered by this Labour Government. Secondly, small modular reactors offer a huge industrial opportunity for our country, and we are determined to harness Britain’s nuclear expertise to win the global race to lead in this new technology. I can inform the House that following a rigorous two-year competition, today Rolls-Royce SMR has been selected as the preferred bidder to develop the UK’s first SMRs, subject to final Government approvals and contract signature. This initial project could create up to 3,000 skilled jobs and power the equivalent of around 3 million homes. In the spending review, we are committing to the public investment needed to get the SMR programme off the ground, with more than £2.5 billion in funding over the period. The project will be delivered by Great British Energy Nuclear, a publicly owned company headquartered in Warrington—an allied company to Great British Energy, which is headquartered in Aberdeen. Subject to Government approvals, the contracts will be signed later this year. Our aim is to deliver one of Europe’s first SMR fleets, leading the world in the nuclear technologies of the future, with more good jobs and energy security funded and made possible by this Labour Government. Thirdly, beyond the immediate horizon, nuclear fusion offers the potential of an energy-abundant future. Britain already leads, thanks to the pioneering work of the UK Atomic Energy Authority, but unlike in the past, we are determined to make the investments to stay ahead as a country. Today, we are pledging to invest more than £2.5 billion in nuclear fusion, including in the STEP—spherical tokamak for energy production—programme, which will help to progress the new prototype fusion plant at West Burton. I congratulate the Mayor of the East Midlands, Claire Ward, on her tireless advocacy for this project, as well as my hon. Friends the Members for Bassetlaw (Jo White) and for Rushcliffe (James Naish) on their advocacy. This will be the first fusion plant of its kind in the world, and it will be on the site of a former coal-fired power station. Under a Labour Government, Britain will lead the clean energy transition and trailblaze the technologies of the future. Fourthly, our nuclear ambitions do not stop there. As we move ahead on these projects, we see huge potential right across the country. That is why we are looking to provide a route for private sector-led advanced nuclear projects—advanced modular reactors and SMRs—to be deployed in the UK. And we will task Great British Energy Nuclear with a new role in assessing proposals, with the National Wealth Fund exploring potential investment opportunities. My message to the private sector is that if it wants to build new nuclear, Britain is open for business. I can also tell the House that, following the incredible campaigning work of my hon. Friends the Members for Whitehaven and Workington (Josh MacAlister), for Carlisle (Ms Minns), for Penrith and Solway (Markus Campbell-Savours) and for Barrow and Furness (Michelle Scrogham), my Department has asked the Nuclear Decommissioning Authority and Cumberland council to consider the potential of privately led clean energy development in Moorside, delivering jobs and growth in Cumbria. We also know that this is an industry that demands long-term thinking. Therefore, having announced these steps today, we will build on our 2030 clean power action plan and set out our plans for the energy system, including our ambitions and next steps on nuclear, into the 2030s and beyond. Taken together, the steps that I have announced today will kick off the biggest nuclear building programme that Britain has seen in half a century, doubling down on our nuclear strength to take the latest step forward in our mission to make Britain a clean energy superpower. When people ask what clean energy and net zero means for our country, this is what it is all about. For too long, our country has not made the crucial investments in energy or infrastructure that we need. The British people have paid the price for this short-sighted failure to invest—in lower living standards, insecurity and declining public services. This week’s announcements signal a decisive change in approach—to invest in the future and make the right choice for energy security, the right choice for jobs, the right choice for climate, our children and grandchildren, the right choice for Britain, and the right choice of investment over decline. I commend this statement to the House.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I know that my hon. Friend has been strongly advocating on these issues in terms of the exciting possibilities for his constituency. My suggestion is that a Minister from my Department—perhaps the Minister for Energy—should meet him and the company concerned about the potential involved.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  My hon. Friend puts it incredibly well. Derby should be incredibly proud of Rolls-Royce winning the competition, and incredibly excited about the possibilities for young people in Derby and across the wider region. Now we must ensure that, working with Rolls-Royce, we deliver on that promise, and that is what we intend to do.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  The hon. Gentleman asks good questions. On the first, GB Energy Nuclear is a development of Great British Nuclear, which is based in Warrington. On deployment, I am aware of the record of people who promise deployment that is then not delivered, but the truth is that we expect a final investment decision in the next few years, and deployment in the early to mid-2030s—I think that is the fairest way of putting it. I agree with him about the potential. I also agree—this is why I have said that I am open to the role of the private sector—that private sector partners may want to come in and build sooner, and that would be great.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  My hon. Friend is so right about this. People in Scotland will be looking at these announcements and saying, “Why isn’t it us who are benefiting from this? Why are we not even in the race?” We have lots of Members saying that they want their area to benefit, yet the Scottish Government and the SNP are saying that they want no part of it, and no part of those jobs. That makes no sense.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I feel a bit sorry for the hon. Gentleman; it is hard on a day like this to be an Opposition Member. Nevertheless, I will try to answer his questions, such as they are. On the question about the final investment decision, he will be aware that we are currently doing the private sector capital raise. When that is complete, we will proceed to the final investment decision, which will take place this summer. That is obviously important. On his fundamental question, I do slightly scratch my head, because he says that this is a downgrade—we have announced the largest nuclear building programme in 50 years! What he says might have looked good in the mirror this morning, but it does not bear much resemblance to reality. The question, which goes to the point I made at the end of my statement, is this: why did the Conservatives make all these promises on nuclear but fail to deliver them? There is a simple answer. It was not because of a lack of diligence from his colleague the hon. Member for West Aberdeenshire and Kincardine (Andrew Bowie). The simple reason is that they did not put up the money. They did not make the investment. The one thing that has bedevilled the nuclear programme is a failure to invest public money. In this spending review we are putting in £14 billion for Sizewell, £2.5 billion for SMRs, and £2.5 billion for fusion. Those are significant sums of long-term capital investment. The Conservatives made all these promises, but they did not put in the money. I was the guy who identified Sizewell, and I am back here delivering Sizewell. This Government are willing to make the investment. We welcome the support from the hon. Member for West Suffolk (Nick Timothy), such as it is, but he needs to learn some lessons. Public investment, not decline, is the answer for Britain.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I was incredibly impressed by what I saw at Barnoldswick. I had to maintain a position of neutrality when I became Secretary of State as to who won the competition, but I am incredibly pleased that Rolls-Royce won the competition fair and square. My hon. Friend makes an important point about making sure that the jobs go to places such as Barnoldswick. I am sure that Rolls-Royce will want to do that.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  We are operating under the previous Government’s planning guidance when it comes to the best agricultural land. On the hon. Lady’s wider point, we need all the clean energy resources that are at our disposal—solar, onshore and offshore wind, and nuclear. I am for all of the above.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I thank my hon. Friend for her advocacy. When I was in discussions with the Chancellor, I did think that if this did not go ahead I would have to answer to my hon. Friend and to the Mayor of the East Midlands, so she was a motivating force in ensuring that the project did go ahead. Her point is crucial: this is about good jobs in areas of the country that really need those good jobs. Last night, I was talking to an apprentice from Sizewell—she went there at age 16 and has been there for a year—about the experience she has had. She gives credit to Sizewell. We can see her career in front of her, and we want that for lots more people.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I thank the hon. Member for part of what he said, if not most of it. We have a fundamental disagreement. Solar and wind offer cheap power for our country—why would we possibly say no to that? The biggest threat to the countryside is the climate crisis, and solar and wind alongside nuclear are the way to tackle it.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I congratulate my hon. Friend on his two-hatted advocacy on these issues. He makes an important point. The potential of the new prototype fusion plant is huge, as is the wider potential of nuclear. I look forward to discussing that with him.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  My hon. Friend is definitely right about the old saying on nuclear fusion. I think maybe it is coming a bit closer. There have been really important breakthroughs, particularly in the UK, and we are determined to invest in them. I do not think anyone can say for certain when it will arrive, but the prototype fusion project is a really exciting step on that journey.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  The hon. Gentleman will know that the RAB system that was passed through this House involves the role of bill payers. We believe that that is the right system and will cut the cost compared with Hinkley Point C. The hon. Gentleman appears to oppose many different forms of clean power. He opposes transmission infrastructure for offshore wind and solar, he opposes solar farms, he opposes carbon capture and storage, and I guess he opposes nuclear. I have an all-of-the-above position on clean energy; he seems to have a none-of-the-above position.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I am glad that my hon. Friend has asked that question. Wylfa is an incredibly important site that has huge potential for our country. Obviously, over the months ahead Great British Energy Nuclear will look at the role that Wylfa can play in relation to SMRs and large-scale nuclear.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I am glad that my hon. Friend asks that question and talks about his heritage and family history. That reflects something real. The nuclear industry has a great tradition in this country. It went through a sort of extended hiccup, I think it is fair to say, but it is really important that we bring it back. Those are good, long-term secure jobs that people can take pride in. We should absolutely embrace that.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  The right hon. Gentleman asks perfectly legitimate questions. I am glad to say that decommissioning is in at the beginning of the financing model, as part of the overall costs. We will lay out total costs when the final investment decision is made. Similarly, on the regulated asset base costs—I know that he genuinely cares about the climate crisis—all the evidence we have shows that this is our lowest-cost alternative, compared with other low-carbon technologies, so it is a crucial part of the energy mix.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  To reassure you, Mr Speaker, you look much younger than the Calder Hall nuclear power station.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  I thank my hon. Friend for his advocacy for Derby and for Rolls-Royce. It is important to say to the House that this was a fair and open competition, conducted at arm’s length from Ministers. Rolls-Royce came out as the winner and I am incredibly pleased about that. The possibilities for Rolls-Royce are huge in what it can do for SMRs in this country, in the export opportunities and in the jobs in the supply chains. That is the thing about nuclear: it is about the jobs not just at the top of the tree but right across the supply chain that we have the potential to create.

• 10 Jun 2025 · Nuclear Power: Investment · Hansard source

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  We are looking seriously at the Xlinks project. The right hon. Gentleman is a tireless advocate for it, and I respect him for that. My answer on the baseload question is that we need a combination of things to meet the power that we need, and there are all kinds of different ways in which we can do that. I would also say that part of the job that we are undertaking is to make sure that we can get Hinkley Point C delivered as quickly as possible, because that can also make an important contribution. On his last point, the decisions today do not affect the decisions on Xlinks. Those are separate decisions.